Indonesian Political, Business & Finance News

Archive: 13 October 1997

59 articles found

Men arrested with 500 grams marijuana

Men arrested with 500 grams marijuana JAKARTA (JP): Police have arrested three men for allegedly possessing 500 grams of marijuana. Ridhwan Abdullah, 28, Panud Nugroho, 24, and Mamad, 26, were attested Thursday afternoon in the parking lot of Mega Pasaraya department store in Manggarai, South Jakarta, City Police spokesman Lt. Col. E. Aritonang said Friday. "Police first received a tipoff that there were routine drug transactions in the area," Aritonang said.

Sepak takraw may appear in Olympics

Sepak takraw may appear in Olympics By Dwi Atmanta JAKARTA (JP): Southeast Asian traditional sport sepak takraw received a major boost yesterday in its bid to make its Olympic debut in Sydney in 2000. The secretary-general of the International Sepak Takraw Federation, Abdul Halim, told The Jakarta Post yesterday that the organization would apply to the Sydney Olympic Games Organizing Committee (SOGOC) for the sport to be given exhibition status.

19 workers of a toy firm suffer from food poisoning

19 workers of a toy firm suffer from food poisoning JAKARTA (JP): At least 19 of 100 workers of PT Mattel, a large-scale toy company, who have reportedly been suffering from food poisoning since Thursday, were still being treated at Bakti Husada Hospital in Bekasi as of Saturday.

RI may become Asia's largest gold producer

RI may become Asia's largest gold producer JAKARTA (JP): Director General of Mining of the Ministry of Mines and Energy Adjat Sudradjat said yesterday that Indonesia has the potential to become Asia's largest gold producer. In his inaugural speech as a professor at Bandung's University of Padjadjaran, Adjat based his optimistic outlook on Indonesia's rich gold resources, political stability and favorable mining policy.

BCA services

BCA services I read with interest the letters from Mr. Taufiq and Mr. Smith regarding their experiences with their BCA dollar account. I await BCA's explanation as I too have had frustrating experiences with my BCA dollar account at the Menara Imperium branch office. I opened the account a few months ago because I am obligated to transfer small sums of money overseas every month for some recurring payments.

RI sails away with canoeing, kayaking golds

RI sails away with canoeing, kayaking golds JAKARTA (JP): Host kayakers and canoeists left all others in their wake as they made a clean sweep of the six gold medals in competition early yesterday. The men's 1,000 meters singles kayak was the first event in the greenish waters at the Jatiluhur reservoir, some 100 kilometers northeast of here. It was also notable as the first medal to be decided in the Games.

Govt snubs call for national repentance

Govt snubs call for national repentance SEMARANG (JP): Minister of Religious Affairs Tarmizi Taher has thrown a wet blanket over a call for "nationwide repentance" made recently by Moslem leaders concerned by a spate of disasters hitting the country, saying the issue has been politicized.

Where to go in Jakarta:

Where to go in Jakarta: Exhibitions * Graphic Art Exhibition: by Marida Nasution, at the Galeri Cipta II, Taman Ismail Marzuki Arts Center, Jl. Cikini Raya 73, Central Jakarta, at 10 a.m. to 8 p.m., until Oct. 16. * Painting Exhibition: Van Der Sterren from New Zealand, at Galeri Linggar, Jl. Kemang Timur No. 36, South Jakarta, 10 a.m. to 10 p.m., until Oct. 19. * Painting Exhibition: by Ling Nan Lung, Tjeng Tjiam Hwie, L. Mantarja, Eveline Hilman, Chien Pang L, at Balai Budaya, Jl.

Accident caused by drunk driver

Accident caused by drunk driver DILI, East Timor: Provincial police chief Col. Atok Rismanto said the driver of the truck that plunged into a ravine in Ermera last Tuesday was allegedly under the influence of alcohol. Antara quoted Rismanto as saying that the truck's brake was also faulty. A truck overloaded with pilgrims on its way home from a Mass on Mt. Ramelau plunged into a ravine in Ermera district, killing 13 people and injuring 24 others.

Four people stabbed to death in Jakarta

Four people stabbed to death in Jakarta JAKARTA (JP): Four men were stabbed to death in separate incidents in the city and surrounding areas Saturday night while Jakartans were celebrating friendship and goodwill with the opening of the 19th SEA Games. Three of the four bodies were identified as Yana Mulyana, 16, Hendra, 28 and Hariyanto alias Henky, 27.

Armin spends as much time on water as on land

Armin spends as much time on water as on land JAKARTA (JP): Growing up in a fishing neighborhood, Armin, the single kayak 1,000 meters gold medal winner, spent as much time on the water as on land. "I knew how to row a boat before I was nine years old," he said with his trademark shy smile. "And I am the only one of 12 children who is not a fisherman." Armin, a son of Andi Masse and Fukuna, was born on Oct.

Officer dismissed over Ecstasy

Officer dismissed over Ecstasy UJUNGPANDANG, S. Sulawesi: The Ujungpandang military tribunal dismissed Capt. Leonardo Uiyana from the police force and sentenced him to two years and three months imprisonment for abusing and trafficking Ecstasy pills. Leonardo was arrested last January in his office at the South Sulawesi provincial police traffic department. Police seized seven pills and Rp 1.6 million (US$457), which was allegedly the cash he received from selling the drugs.

Malaysian King calls for academic cooperation

Malaysian King calls for academic cooperation SEMARANG (JP): Visiting Malaysian King Ja'afar Abdul Rahman expressed hope Saturday that his country and Indonesia could further enhance cooperation in the academic field. In a speech he delivered after receiving an honorary doctorate degree from the Diponegoro University here Saturday, the king said he was pleased with the existing cooperation between Indonesia and Malaysia in the field of education and intellectual development.

Tutut spikes volleyball dump

Tutut spikes volleyball dump JAKARTA (JP): Ever since Jakarta Governor Sutyoso lashed out at the state of the karate hall, it seems no venue is safe from criticism. The latest to be slammed is the indoor volleyball center at Istora Senayan. Indonesian Volleyball Association chairwoman Siti Hardiyanti Rukmana (Tutut) caused a stir when she made a midnight visit after the opening ceremony and found the place a dump after being used by dozens of young dancers to get changed.

Wynne left cold by bashful beau

Wynne left cold by bashful beau JAKARTA (JP): When a player wins, she expects congratulations from her family and friends and especially from her boyfriend. But love moves in mysterious ways and it was a case of no such luck yesterday for Indonesia's first tennis singles player, Wynne Prakusya. After beating Marisue Jacutin of the Philippines, Wynne was congratulated by team manager Benny Mailili and many other friends. Most of them shook her hand and kissed her cheeks.

TV today

TV today TVRI 10:00 a.m. Live Reports: Gelanggang Sea Games XIX 1:00 p.m. Music 2:00 News: Berita 14 2:30 Live Reports: Gelanggang Sea Games XIX 3:35 Belief in God The Almighty 4:00 Regional News 4:30 Health Program: Kesehatan Mata 5:00 Indonesian Lessons 5:25 Variety Show: Music City Today 5:30 Sport Topic 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 7:00 Evening News 7:35 Talk Show: Sukses PIN 8:00 News: Lintasan Berita 8:05 Music: Mozaik...

Thai swimming team reigns in the pool

Thai swimming team reigns in the pool By Sylvia Gratia Miranda JAKARTA (JP): Thailand swam away with four gold medals on the opening day of the swimming competition at the Senayan Swimming Stadium. First places came in the 200 meters women backstroke, 400 meters men's individual medley, and 4x200 meters men's and women's freestyle relays. Chonlathorn Vorathamrong opened her team's campaign with 2:20.22 in the women's backstroke, followed by Silvy Triana of Indonesia in 2:21.64.

One chignon short of a costume

One chignon short of a costume JAKARTA (JP): A last-minute call of nature caused by opening ceremony nerves left one of the high school dancers humiliated and almost cost her dear. Rina, performing the Gebyar Nusantara dance, was worried she would not be able to last until after the performance so rushed to the bathroom just before she was due to go on. But in her panic she parted company with her Balinese chignon and left it in the restroom.

Drought-hit Jayawijaya gets more relief offers

Drought-hit Jayawijaya gets more relief offers JAKARTA (JP): The drought-hit Jayawijaya regency in Indonesia's easternmost province is to get more help as the embassies of Japan and the United States here have offered to send relief, Antara reported. Regent J.B. Wenas was quoted by the news agency as saying the offers were made via telephone from the ambassadors of the respective countries asking about the regency's most urgent needs.

Tax payers

Tax payers Director General of Tax Fuad Bawazier has stated that there are still many informal sectors, such as food stalls, which have not been made subject to taxation even though their turnover can reach trillions of rupiah. Besides food stalls, there are still many shops, kiosks and occupants of luxury houses in Jakarta which have not been registered as taxpayers.

Below par RI continues its winning run

Below par RI continues its winning run By Budiman Moerdijat JAKARTA (JP): Although Indonesia's soccer team won by two goals to nil in yesterday's match against the Philippines at the Senayan stadium, the performance was nothing like as good as Thursday's 4-0 crushing of Malaysia. "It's difficult for the players because they have played four matches in a week," Indonesian coach Henk Wullems said at the post-match press conference. The Philippines surprisingly started much the stronger.

SEA Games Medals' Tally

SEA Games Medals' Tally Medal's tally as at 21.20 last night Gold Silver Bronze -------------------------------- Indonesia 16 5 10 Thailand 6 6 10 Philippines 4 6 6 Singapore 4 1 2 Vietnam 2 2 4 Malaysia 1 5 3 Myanmar 0 6 0 Laos 0 0 3 Cambodia 0 0 1 Brunei 0 0 0 Total 33 31 39 Some events gave two bronzes, and one event in gymnastics two golds and no silver.

Can human rights be guaranteed with decree?

Can human rights be guaranteed with decree? By Vedi R. Hadiz JAKARTA (JP): An interesting debate has ensued recently, prompted by the formulation of a document by the National Defense and Security Council (Wanhankamnas), about whether our People's Consultative Assembly (MPR) should produce a decree on human rights. The most powerful factions in parliament, Golkar and the Armed Forces, have rejected the notion, arguing that human rights are already sufficiently enshrined in our Constitution.

Local newcomer outpoints Asian champion

Local newcomer outpoints Asian champion By Johannes K. Simbolon JAKARTA (JP): Little-known Indonesian light welterweight Meckson Barataman had local fans on their feet yesterday after upsetting Asian boxing champion Reynaldo Galigo of the Philippines in five scintillating rounds.

Nature project raises Rp 203m

Nature project raises Rp 203m JAKARTA (JP): The Back to Nature Project, sponsored by the Holiday Inn Crowne Plaza Jakarta, has raised funds of Rp 203.79 million, almost double its target of Rp 100 million, hotel spokeswoman Chandrawati A. Hadisumarto said over the weekend. Chandrawati said that the funds had been handed over to the Balikpapan Orangutans Society in Balikpapan, East Kalimantan, to help finance the protection of the endangered species.

Three robbers caught in Tangerang

Three robbers caught in Tangerang TANGERANG (JP): Police arrested three men Saturday for allegedly stealing a cash box containing Rp 50,000 (US$14.70) from a motorcycle showroom in Tangerang. Tangerang police chief Lt. Col. Iman Haryatna said the three suspects, identified as Wagiman, 30, Wagiyanto, 26, and Purseno, 27, stole the cash box from the showroom on Jl. Muh. Toha in Jatiuwung district. Iman said the suspects entered the showroom by pretending to be potential buyers.

100 hotel rooms gutted by fire

100 hotel rooms gutted by fire DENPASAR, Bali: At least 100 rooms of four hotels and five cottages packed tightly together at the tourist resort Kuta Beach, were razed by fire Saturday. No casualties were reported, but financial losses could reach billions of rupiah, Antara said. "There were no casualties because most tourists at the time were outside, on the beach," said Wayan Suteja, head of Badung fire station.

Indonesian cyclists romp home with 1st two golds

Indonesian cyclists romp home with 1st two golds JAKARTA (JP): Indonesia set off on the right track in the 19th SEA Games by claiming the first two golds in cycling. Tonton Susanto sped to victory in the men's cycling 40km Individual Time Trial (ITT) in 54:26.40 on the Jakarta-Cikampek toll road. Following him were Victor Espiritu of the Philippines (55:13.62) and Sharulneeza Razali of Malaysia (55:53.42). The Indonesian, who turned 24 on Sept.

Rating cut sends negative signal on share trading

Rating cut sends negative signal on share trading JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) will likely lose footing this week after a slight recovery in the previous week. Securities analysts said Standard and Poor's decision to lower on Saturday Indonesia's long-term foreign currency rating to triple-'B'-minus from triple-'B' would send a negative sentiment to stock trading.

One-day tourney at Pondok Indah

One-day tourney at Pondok Indah JAKARTA (JP): After days of hustle and bustle, Sunday is the day for relaxation. And at Pondok Indah Golf and Country Club a field of about 170 top executives yesterday competed in a round of golf organized by the Indonesian French Chamber of Commerce and Industry. Yesterday's one-day annual tournament was the 11th in the series which was sponsored by Air France, one of Europe's giant airlines serving the world.

Foreign hotel chains must set up local subsidiaries

Foreign hotel chains must set up local subsidiaries JAKARTA (JP): The government has warned 28 foreign hotel chains operating in Indonesia to establish local subsidiaries soon if they want to continue their operations in the country. Director of business and tourist facilities at the Ministry of Tourism, Post and Telecommunications, Luther Barrung, said that the foreign hotel chains had until Nov. 7 to report their readiness to set up local subsidiaries.

Speculators

Speculators From Bisnis Indonesia A plunge in the rupiah's exchange rate against the U.S. dollar and the government's tight money policy following it have started to cause economic trouble to both the government itself and the private sector. Many projects have been canceled and some rescheduled. Many companies have undergone a drop in their production and have been compelled to lay off some of their employees.

Turning to IMF is both right and a right

Turning to IMF is both right and a right Before the government announced its decision to turn to the International Monetary Fund for help, economist Kwik Kian Gie had already made the same suggestion in an article in this newspaper. In the following discourse, Kwik comments on the government's move and the strong reactions it has provoked. Question: Some commentators are wary that the IMF will be dictating to the Indonesian government. What is your comment?

Southeast Asia's currency crisis

Southeast Asia's currency crisis The crisis that began with the problems of the Thai baht has enveloped several other Southeast Asian economies, notably Malaysia's. The state of its stock and currency markets has regional implications as well. Thus, referring to the peso's plight, a foreign exchange trader in the Philippines blames it on "the Mahathir scare", or the Malaysian Prime Minister's call to regulate currency trading.

Is discipline possible?

Is discipline possible? The national discipline campaign started more than two years ago but nothing has significantly changed. When President Soeharto launched the first national discipline movement in 1995, he asked the nation to reinvigorate and renew the spirit of nationalism by using Bahasa Indonesia properly and correctly. He also called officials to obey working hours and respect punctuality.

Australian Ray White opens five outlets in Indonesia

Australian Ray White opens five outlets in Indonesia JAKARTA (JP): Australian-based property broker, Ray White Real Estate, has opened five outlets here under its local name, Ray White Indonesia (RWI). RWI's chief executive Johann B. Nurtanio said here Saturday that the brokerage would soon open another five outlets in Surabaya, East Java. He said that the property brokerage chain expected to open at least 40 new outlets during the first year of its operation.

SE Asia can overcome currency gloom: Downer

SE Asia can overcome currency gloom: Downer MANILA, Philippines (AP): Australian Foreign Minister Alexander Downer said Saturday he was optimistic that the basic strength of Southeast Asian economies would allow them to weather the currency crisis sweeping the region.

ASEAN review free-trade progress

ASEAN review free-trade progress KUALA LUMPUR (AFP): Faced with new challenges posed by an unprecedented financial crisis, Southeast Asian ministers meet this week to review progress towards realizing a free-trade area early next century.

Local lifters beat their opponents for four golds

Local lifters beat their opponents for four golds By Christiany Tumelap JAKARTA (JP): Indonesia muscled its way past main rivals Thailand and the Philippines to pocket four gold medals in weight lifting yesterday. The Philippine team had to settle for two silvers and a bronze, with Thailand bringing up the rear with a silver and bronze. Indonesia's four lifters -- Sri Indriyani, Winarni, Hari Setiawan and Taufik -- also set seven SEA Games and junior world records between them.

Fire razes former police chief's house

Fire razes former police chief's house JAKARTA (JP): A fire gutted a house belonging to former National Police chief Gen. (ret). Banurusman Astrosemitro on Jl. Blok I in the Bukit Sarua Indah housing complex, Ciputat, South Jakarta Saturday. No fatalities were reported. A firefighter of the South Jakarta fire department, Yoyok, said yesterday the fire, which started about 9 a.m., caused material losses valued at millions of rupiah.

Regional money markets brace for eventful week

Regional money markets brace for eventful week SINGAPORE (AFP): Southeast Asia's financial markets will focus on key economic reform measures to be announced this week in Thailand, Malaysia and Indonesia that could hasten the pace of recovery of regional currencies emerging from their lowest ebbs, analysts say.

Indonesia faces top Thai squad for women's tennis gold

Indonesia faces top Thai squad for women's tennis gold JAKARTA (JP): Indonesia whitewashed the Philippines yesterday in the women's tennis team event to reach a final showdown with top seeded Thailand. Second singles Wukirasih Sawondari defeated Maricris Fernandes 6-1, 6-3 to put the host team ahead on the Senayan clay courts. First singles Wynne Prakusya beat Marisue Jacutin 6-4, 6-2 to give Indonesia the decisive 2-0 lead in the best-of-three tie.

Marginalization of the poor

Marginalization of the poor From Berita Yudha Juwono Sudarsono once said that in the context of globalizing production and finance and investments, there is a tendency to concentrate wealth among a small number of people. It happens everywhere. It is imperative that the basics of equal distribution be thoroughly reviewed. Twenty percent of our population enjoy more than 50 percent of Indonesia's riches, while 50 percent of our population have less than 10 percent of the country's wealth.

Relatives take bodies of alleged robbers by force

Relatives take bodies of alleged robbers by force JAKARTA (JP): Relatives of two alleged taxi robbers who were shot and killed by police on Thursday have taken the two bodies by force from Cipto Mangunkusumo General Hospital's morgue. The family of one of the alleged criminals, Lundo Sitorus, 38, even refused a police request to perform an autopsy for a postmortem report.

Arief Budiman pursues lonely intellectual road

Arief Budiman pursues lonely intellectual road By Dewi Anggraeni MELBOURNE (JP): Forty turbulent years after Indonesian was first taught at the University of Melbourne, a native Indonesian scholar and academic was appointed last year to chair the Indonesian Studies Program. Last Thursday, in his Professorial Inaugural Lecture, critical scholar Arief Budiman thanked his wife Sitti Leila Chairani, along with all the academics who had beaten the rocky path before him.

Happy vendor cashing in

Happy vendor cashing in JAKARTA (JP): A Central Java drinks seller has disproved the theory that only orang besar (important people) are making a killing out of the SEA Games. Chaidir Rachman, 25. who wonders around the Senayan sports complex selling a famous brand of bottled tea, says he is making three times his usual income.

Shaman socks it to nervy Sulistyo

Shaman socks it to nervy Sulistyo JAKARTA (JP): There are so many ways to build confidence before playing a match. One of Indonesia's male tennis players, Sulistyo Wibowo, is convinced that if he wears different colored socks, he will win his opening match today. Sulistyo, the brother of the women's team member Liza Andriyani, wore a white sock on his left foot and a black one on his right leg while watching the men's match between Thailand and Malaysia.

ABRI wants asylum seekers from Austrian embassy

ABRI wants asylum seekers from Austrian embassy JAKARTA (JP): The Indonesian Armed Forces asked the Austrian embassy here Saturday to hand over an East Timorese couple who jumped into the mission compound last month, saying they were terrorists wanted for committing crimes. East Timor Military Commander Col. Salamat Sidabutar said the two asylum seekers had masterminded the production of home-made bombs to be used for acts of terrorism against people in East Timor and other provinces.

Satellite images show more hot spots

Satellite images show more hot spots JAKARTA (JP): Satellite images showed yesterday an overnight increase in the number of fires, or hot spots, in Kalimantan, Sumatra and Java, according to the Environmental Impact and Management Agency. The agency said in its report that on Friday evening the number of hot spots was 16, but rose to 40 Saturday. The situation persisted until yesterday morning.

Thai women spikers win their first game

Thai women spikers win their first game JAKARTA (JP): Thailand's women's indoor volleyballers barely broke sweat yesterday to beat the Philippines in straight sets. The gold medalist from the last Games found the Philippines' a complete walkover at the start, even though the latter had won the bronze medal at the previous Games in Chiang Mai, Thailand. Before the crowd had time to settle it was over 15-0.

RI off to flying start at Games

RI off to flying start at Games JAKARTA (JP): Indonesia struck most of the gold medals on offer on the first official day of competition in the 19th Southeast Asian Games yesterday, producing a clean sweep in three sports but failing to make a splash in the pool. As the medal race ceased for the night, Indonesia's national anthem had been played 16 times. The host had also collected two silvers and six bronzes.

Students check out educational expo on U.S. universities

Students check out educational expo on U.S. universities JAKARTA (JP): In the midst of the local currency crisis, dozens of senior high school students flocked to a one-day education fair Saturday which was held to attract Indonesians to earn undergraduate degrees (S1) at an American college or university.

Rating reduction upsets several RI entities

Rating reduction upsets several RI entities NEW YORK (Reuter): Standard & Poor's lowered Saturday its long-term foreign currency ratings on several Indonesian entities following the downgrade on the Indonesian sovereign ratings. The long-term foreign currency rating on P.T. Bank Negara Indonesia (Bank BNI) has been lowered to triple-'B'-minus from triple-'B', while the rating on Bank BNI's US$145 million unsecured notes due 2007 also has been lowered to triple-'B'- minus from triple-'B'.

Myanmar joins AFTA earlier

Myanmar joins AFTA earlier KUALA LUMPUR (AFP): ASEAN newcomer Myanmar is likely to join a proposed regional free-trade area before its 10-year grace period expires in 2008, according to ASEAN secretary-general Ajit Singh. Speaking ahead of the annual meeting of the group's economic ministers this week, Ajit praised Myanmar's offer to cut tariffs as one of the newest members of the Association of Southeast Asian Nations (ASEAN).

Kutai Park on the decline

Kutai Park on the decline BALIKPAPAN, East Kalimantan: A local forestry official blames illegal logging and nomadic farming on the degeneration of preserved areas at Kutai National Park. Warsito, the head of the national park, told The Jakarta Post Friday that the park used to cover 200,000 hectares of nature preserves. The area has been reduced to 150,000 hectares, he said.

S&P cuts Indonesia forex rating to BBB-minus

S&P cuts Indonesia forex rating to BBB-minus NEW YORK (Reuter): Standard & Poor's lowered Saturday its long-term foreign currency rating on the Republic of Indonesia to triple-'B'-minus from triple-'B'. Standard & Poor's also lowered its long-term local currency rating on Indonesia to single-'A'-minus from single-'A'-plus. The outlook on the ratings is stable.

Golkar to unveil its presidential candidates

Golkar to unveil its presidential candidates JAKARTA (JP): The dominant political organization Golkar will formally announce its candidates for the next presidency and vice presidency in its leadership meeting this week, chairman Harmoko said yesterday. Speaking to reporters after attending a mass wedding ceremony for 68 poor couples at the Golkar secretariat in Slipi, West Jakarta, Harmoko said the Golkar central board had drawn up a list of names.

Row over judging mars gymnastics

Row over judging mars gymnastics By Ivy Susanti JAKARTA (JP): Allegations of biased judging marred the women's gymnastic team competition yesterday, as the Philippines and Malaysia grudgingly shared the top honors. The Philippines had been declared the winner after the four mandatory exercises, but a bitterly disappointed Malaysian team charged a Philippine gymnast's score had been unfairly upped by the technical delegates on the international panel of judges.

Obstacles abound in Indonesia'a book translation business

Obstacles abound in Indonesia'a book translation business By Hermawan Sulistyo JAKARTA (JP): Book publishing is always a gloomy business in the Indonesian industrial landscape. Only about 3,500 titles are published every year -- most of them school textbooks -- and only less than ten percent are "enlightening books". Among these titles, translated works dominate and almost none of them were first printed over 3,000 copies.